System Z mid-Month 3: $9749.32

Save for today's rebound, markets performed terribly over the past week. This type of market should be great for System Z, but the program did not fully take advantage of its opportunities. System HAG, our theoretical benchmark, gained about 6% today. System Z did worse mainly because I was on vacation Monday and Tuesday and not able to execute trades. Also, one stock that I thought I had bought yesterday (XLNX) never had it's order executed. As a result, over the last week the differential between System Z returns and NASDAQ returns slipped about a half percent to 11.5%.

System Z account value: $9,749.32
commissions paid: $560
maximum commissions should be: $224
which means I overpaid at least: $336
minimum account value corrected for obscene commissions: $10,085.32
account value if no commissions: $10,309

System Z actual return since 4/7: -2.51%
System Z corrected return since 4/7: .85%
System Z no-commission return since 4/7: 3.09%

Nasdaq on 4/7: 2339.02
Nasdaq return since 4/7: 8.34%

Difference between no-commission return and NASDAQ return since 4/7: 11.42%

Refer to post from 4/19 for explanation of "corrected return". Returns for a larger fund would fall somewhere between the "corrected" return and the "no-commission" return.